Global Automobiles Undervalued based on future growth

Bayerische Motoren Werke

Market Cap: €45.8b

Develops, manufactures, and sells automobiles and motorcycles, spare parts, and accessories worldwide.

Stellantis

Market Cap: €24.6b

Engages in the design, engineering, manufacturing, distribution, and sale of automobiles and light commercial vehicles, engines, transmission systems, metallurgical products, mobility services, and production systems worldwide.

Renault

Market Cap: €10.7b

Engages in the design, manufacture, sale, repair, maintenance, and leasing of motor vehicles in Europe, Eurasia, Africa, the Middle East, the Asia Pacific, and the Americas.

Ford Otomotiv Sanayi

Market Cap: ₺292.0b

Engages in the manufacture, assembling, import, export, and sale of motor vehicles and spare parts primarily in Turkey.

Yamaha Motor

Market Cap: JP¥1.1t

Engages in the land mobility, marine products, robotics, financial services, and others businesses in Japan, North America, Europe, Asia, and internationally.

Sailun Group

Market Cap: CN¥38.1b

Engages in the research and development, production, sale, and servicing of tires in China, Europe, the United States, Asia, and Africa.

Volvo Car AB (publ.)

Market Cap: SEK 49.4b

Designs, develops, manufactures, markets, and sells cars in Sweden and internationally.

Lear

Market Cap: US$4.8b

Designs, develops, engineers, manufactures, assembles, and supplies automotive seating, and electrical distribution systems and related components for automotive original equipment manufacturers in North America, Europe, Africa, Asia, and South America.

AIMA Technology Group

Market Cap: CN¥29.6b

Engages in the research and development, production, and sale of electric bicycles, mopeds, and motorcycles in China and internationally.

Mitsubishi Motors

Market Cap: JP¥545.4b

Engages in the development, production, and sale of passenger vehicles, and its parts and components in Japan, Europe, North America, Oceania, the rest of Asia, and internationally.

Yokohama Rubber Company

Market Cap: JP¥539.1b

Engages in the manufacture and sale of tires in Japan and internationally.

Hankook Tire & Technology

Market Cap: ₩4.8t

Manufactures and sells tires worldwide.

Tianneng Battery Group

Market Cap: CN¥24.9b

Researches, develops, produces, and sells electric special vehicle and new energy vehicle power batteries, automobile start-stop batteries, energy storage batteries, and 3C batteries in China and internationally.

Goodyear Tire & Rubber

Market Cap: US$3.1b

Develops, manufactures, distributes, and sells tires and related products and services worldwide.

Shandong Linglong TyreLtd

Market Cap: CN¥21.3b

Designs, manufactures, develops, and sells tires in the People’s Republic of China.

Minth Group

Market Cap: HK$22.8b

An investment holding company, designs, develops, manufactures, processes, and sells automobile body parts and moulds of passenger cars.

Qingdao Sentury Tire

Market Cap: CN¥19.4b

Develops, produces, and sells tires in China.

Valeo

Market Cap: €2.2b

A technology company, designs, produces, and sells products and systems for the automotive markets in France, other European countries, Africa, North America, South America, and Asia.

Weifu High-Technology Group

Market Cap: CN¥17.6b

Researches, develops, produces, and sells automotive products in the People’s Republic of China.

JTEKT

Market Cap: JP¥344.7b

Manufactures and sells steering systems, driveline components, bearings, machine tools, electronic control devices, home accessory equipment, etc.

Toyota Boshoku

Market Cap: JP¥341.2b

Develops, manufactures, and sells automotive interior systems in Japan, the United States, China, and internationally.

IKD

Market Cap: CN¥14.9b

Researches, develops, produces, and sells automotive aluminum alloy precision die castings in the United States, Europe, and Asia.

Gestamp Automoción

Market Cap: €1.8b

Designs, develops, and manufactures metal components for the automotive industry in Western Europe, Eastern Europe, Mercosur, North America, and Asia.

BAIC Motor

Market Cap: HK$15.8b

Research, develops, manufactures, sells, and after-sale services passenger vehicles in the People’s Republic of China.

OPmobility

Market Cap: €1.6b

Designs and produces intelligent exterior systems, customized complex modules, lighting systems, energy storage systems, and electrification solutions for all mobility players in Europe, North America, China, rest of Asia, South America, the Middle East, and Africa.

Ningbo Huaxiang Electronic

Market Cap: CN¥13.0b

Designs, develops, produces, and sells auto parts in the People’s Republic of China and internationally.

Kunshan Huguang Auto HarnessLtd

Market Cap: CN¥11.9b

Engages in the research and development, production, and sales of automotive high and low voltage wiring harness assembly products in China and internationally.

JK Tyre & Industries

Market Cap: ₹100.9b

Engages in the developing, manufacturing, marketing, and distribution of automotive tyres, tubes, flaps, and retreads in India, Mexico, and internationally.

Zhejiang Qianjiang Motorcycle

Market Cap: CN¥8.0b

Researches and develops, manufactures, sells, and services motorcycles and accessories in China and internationally.

SL

Market Cap: ₩1.4t

Manufactures and sells automotive parts in South Korea, North America, China, India, Europe, South America, and internationally.

Jiangsu General Science Technology

Market Cap: CN¥7.4b

Jiangsu General Science Technology Co., Ltd.

KYB

Market Cap: JP¥141.2b

Manufactures and sells automotive, hydraulic, and aircraft components worldwide.

Kumho Tire

Market Cap: ₩1.3t

Engages in the manufacture and sale of tires in South Korea, Europe, North America, Central and South America, Asia, and internationally.

Tianneng Power International

Market Cap: HK$6.9b

An investment holding company, engages in the research, development, manufacture, and sale of power batteries for electric vehicle market in the People’s Republic of China and internationally.

Jiangsu Yunyi ElectricLtd

Market Cap: CN¥6.3b

Researches, develops, manufactures, markets, and sells automotive electronic parts in China and internationally.

SAF-Holland

Market Cap: €745.4m

Manufactures and supplies chassis-related assemblies and components for trailers, trucks, semi-trailers, and buses.